£253,071
This estimated value is based upon the latest sale price for the house of £248,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £248,000 | 9 Jun 2023 |
| £235,000 | 8 Feb 2019 |
| £147,500 | 1 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in June 2023 the House Price Index for SURREY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £248,000 results in an estimated price of approximately £253,071.
| 9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £248,000 | £5,071 | £253,071 |
The Postcode Pricing Model uses changes in average sales price within the GU7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -18.180 % | £-45,087 | £202,912 |
| 3 Month Average | 3.704 % | £9,185 | £257,185 |
| 6 Month Average | -0.801 % | £-1,985 | £246,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £776,716 | £757,000 | 7 SHADYHANGER |
| 29 Sep 2023 | £408,965 | £399,950 | 4 UPPER MANOR ROAD |
| 30 Aug 2023 | £1,171,122 | £1,150,000 | 33 NIGHTINGALE ROAD |
| 9 Jun 2023 | £253,072 | £248,000 | 6 IVYBANK NIGHTINGALE ROAD |
| 23 Aug 2022 | £941,402 | £937,000 | 27 NIGHTINGALE ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 8 Jun 2017. Using an estimated price of £253,072 means this house is valued at £6,172 per sq meter (£573 per sq foot).
The average size of a house on NIGHTINGALE ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martens Place |
| Sep 2024 | Anti-social behaviour | On or near Martens Place | |
| Sep 2024 | Anti-social behaviour | On or near Martens Place | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marshall Road |
| Aug 2024 | Public order | Under investigation | On or near Lower Manor Road |